 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
|
Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
|
Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
|
Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
Israel Claims to Have Dealt a Serious Blow to Hezbollah
Israeli authorities claimed to have…
U.S. Sees New Egyptian Gas Fields As Key To Its New Middle Eastern Strategy
Besides its important geo-strategic location,…
The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia’s LNG Sector
The U.S. has been laser-focused…
Energy
LNG Use Rises As Major Facilities Come On Line
The diverse drivers of expanding renewable energy and demand for liquefied natural gas (LNG) are in turn stimulating demand for stainless steels and aluminum. Perversely, the growing competitiveness of renewable…
Stranded BP Cargoes: A Red Flag For Chinese Oil Demand?
Four BP-chartered supertankers containing a total of 8 million barrels of oil have been held up off China’s east coast over the past two months, in a sign that slower…
A Wild Card In Oil Markets
This column needs to be somewhat of a hodgepodge of ideas, because the one consistent thesis that has moved our investment needle for the last year and a half –…
How High Can Oil Go?
Regular readers will be aware that once a strong move is underway, my instincts and training lead me to forego trading with the momentum and, based on the fact that…
Oil Spikes On Supply Disruptions
Friday June 29, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Global Energy Advisory 29th June 2018
Crude oil importers are scrambling for a solution to their Iranian problem after earlier this week the U.S. State Department urged all U.S. allies to completely suspend their Iranian imports…
There’s Not A Lot Of Room For Error In Oil Markets
U.S. West Texas Intermediate and international-benchmark Brent crude oil are in a position to finish the week, month and quarter sharply higher. This quite a turnaround from last month when…
Oil Rallies Towards $80
It was only a week ago that OPEC and Non-OPEC agreed to add 1 million barrels per day (mb/d) to the market, but it already feels like a distant memory…
Oil Rig Count Falls Amid Stagnating Production
Baker Hughes reported another dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 5 rigs, according to…
Analysts Raise Oil Price Forecast On Expectations Of Supply Deficit
OPEC and Russia’s pledge to boost oil production will not be enough to offset supply disruptions from Iran and Venezuela amid strong oil demand, according to a monthly Reuters…
U.S. Oil Exports Overtake OPEC’s Number 3
Two and a half years after the U.S. removed export restrictions on its crude oil, its exports hit 3 million bpd —the latest all-time high set in recent months.…
Can Trump Counter Soaring Gasoline Prices?
Oil prices surged to their highest level in more than three years on Thursday, as the number and volume of supply outages continues to rise. The odds of a significant…
This Country Just Started Pumping Oil For The First Time Ever
Ethiopia began on Thursday its first-ever crude oil production under a test production scheme that will see initial production of 450 barrels of oil per day. Ethiopia, a rather…
The European Nation Turning Its Back On Russian Gas
There has never been any love lost between Poland and Russia. Angst between the two countries dates back to Soviet dominance over Poland which started during World War II. Post…
Is the Bright Future of U.S. Natural Gas Under Threat?
This week’s World Gas Conference in Washington hosted a bunch of upbeat natural gas executives and analysts that expect an exceptionally bright future for the bridge fuel of the future,…
The Demand Downside For Oil Prices
Oil supply outages are multiplying around the world and are likely to grow worse in the second half of 2018. The disruptions reduce the odds of a supply-driven slide in…
BP To Buy UK’s Largest EV Charging Company
Oil supermajor BP said on Thursday that it would buy the UK’s largest electric vehicle (EV) charging company, Chargemaster, in the latest show of Big Oil’s move into EV…
How Important Are Egypt’s Gas Discoveries?
One of the world’s most prolific gas regions, the East Mediterranean, is currently witnessing extremely high activity. In addition to Egypt’s success with the giant offshore Zohr gas field and…
Jeff Bezos Is Preparing To Sell Space Travel Tickets
Amazon founder Jeff Bezos is offering a chance to buy tickets for space travel starting next year — and is taking on SpaceX’s chief Elon Musk and Virgin’s Richard…
An Unlikely Shale Frontier
Algeria is eager to attract Big Oil majors such as Exxon and Chevron to its shale patch to tap its massive gas reserves, estimated to be the third-largest in the…
